The majority of Americans are concerned about widespread bank branch closures – which are hitting lower-income households the hardest.
Growing numbers of people are being left without access to basic financial services, as big-name banks have axed more than 1,000 branches already this year.
Data from S&P Global Market Intelligence shows a total of 1,144 national and regional banks were closed between January 1 and July 31 across 49 states – with firms pulling out of some areas at a faster rate than others.
And an exclusive survey by DailyMail.com has found that 51 percent of Americans are ‘very concerned’ or ‘somewhat concerned’ about the impact of dwindling outlets, which disproportionately affect poorer households.
According to the analysis by research agency Opinium, 10 percent of Americans with a household income less than $50,000 said they do not have a local bank branch.